After 100 years in business, Winn Insurance considers a
merger
After 100 years in business, Winn Insurance is seriously
examining possibilities for a merger, owner Don Winn confirmed this
week.
Winn confirmed his intentions to the Pinnacle after rumors had
been circulating about changes at the downtown Hollister
business.
After 100 years in business, Winn Insurance considers a merger
After 100 years in business, Winn Insurance is seriously examining possibilities for a merger, owner Don Winn confirmed this week.
Winn confirmed his intentions to the Pinnacle after rumors had been circulating about changes at the downtown Hollister business.
Winn, a fourth-generation owner of the insurance business, said he has been “talking to people for man years,” but that now he is in serious talks with a particular organization about a merger. Winn stressed, however, that if it does go through, the business would keep a presence in Hollister while acting as a “branch of a larger organization,” said Winn, who declined to name the party with which he is in talks because a deal is not official yet.
“I am looking for a partner that would allow me to go forward in the community,” said Winn, noting at age 50 he would like to work another 10 to 15 years.
Winn said since his father died in 2004, there have been continual questions about the business’ direction.
“I’m very proud of what we’ve done and who we are,” Winn said. “We have a good operation. We provide a great service to our clients.”
Winn said he expects if the merger goes through, it would allow for better efficiencies while keeping much of the current set-up in place at the local office.
